Peacock Foods should ensure Greencore enjoys organic, profitable convenience food expansion in both the UK and US. The acquisition transforms America, in our view. Moreover, while long term mature market growth remains the salient investment case driver, Peacock’s benefits currently appear unrecognised in Greencore’s share price. BUY.
24 Feb 2017
Breakfast in America
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Breakfast in America
Greencore Group Plc (GNC:LON) | 131 -1.6 (-0.9%) | Mkt Cap: 612.2m
- Published:
24 Feb 2017 -
Author:
Chris Wickham -
Pages:
19
Peacock Foods should ensure Greencore enjoys organic, profitable convenience food expansion in both the UK and US. The acquisition transforms America, in our view. Moreover, while long term mature market growth remains the salient investment case driver, Peacock’s benefits currently appear unrecognised in Greencore’s share price. BUY.